Diamond–Mirrlees efficiency theorem

GPTKB entity

Statements (16)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:appliesTo second-best economies
gptkbp:author gptkb:James_Mirrlees
gptkb:Peter_A._Diamond
gptkbp:field public economics
https://www.w3.org/2000/01/rdf-schema#label Diamond–Mirrlees efficiency theorem
gptkbp:influenced theory of optimal taxation
gptkbp:namedAfter gptkb:James_Mirrlees
gptkb:Peter_A._Diamond
gptkbp:publishedIn gptkb:Review_of_Economic_Studies
gptkbp:state Under certain conditions, production efficiency is optimal even with distortionary taxation.
gptkbp:topic optimal taxation
production efficiency
gptkbp:yearProposed 1971
gptkbp:bfsParent gptkb:Peter_A._Diamond
gptkbp:bfsLayer 6